Futures Contracts

question 44

Multiple Choice

Futures contracts:

• A)require payment in full at the time the contract is written.
• B)can be resold.
• C)establish the quantity to be exchanged but not the date of the exchange.
• D)establish both the quantity to be exchanged and the exchange date but not the price.
• E)are primary financial assets.

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Definitions:

Objects

In the context of object-oriented programming, an object refers to a data structure encapsulating data and methods for manipulating that data, conceptually analogous to real-world objects in terms of properties (attributes) and behaviors (methods).

Gestalt

A German word that roughly refers to the whole form, pattern, or configuration that a person perceives.

Continuity

The psychological principle that experiences or developments are gradual and cumulative rather than consisting of distinct and separate stages.

Pattern

A recognizable repetition of elements or designs, often identified in nature, human behavior, or manufactured objects.